GE Renewable Energy makes $10.4bn in orders last year
General Electric subsidiary, GE Renewable Energy, has announced it successes from last year, including making a total of US$10.4bn in orders.
The renewable energy firm, known for its wind and hydro products, also recorded $10.3bn in sales in 2017.
In the same review period, the US-based company noted a 30% growth in its international orders.
Last year, GE Renewable Energy also released the world’s largest onshore wind turbine – with a 4.8MW capacity, creating enough energy to power 5,000 homes.
The firm also recorded orders for the US’ largest wind farm, to be located in Oklahoma.
The Wind Catcher farm will have a capacity of 2GW.
GE Renewable Energy also received orders for the largest wind farm in Australia – the Coopers Gap Wind Farm will have a 453MW capacity and will be located in North Queensland.
In 2017, the firm acquired LM Wind Power, a blade manufacturer, in a €1.5bn (US$1.65bn) transaction.
GE Renewable Energy is the first offshore wind supplier working in Europe, Asia, and North and South America.
The company’s hydro division also noted a 10% growth in orders and a 40% increase in services in the year.
All but two UK regions failing on school energy efficiency
Most schools are still "treading water" on implementing energy efficient technology, according to new analysis of Government data from eLight.
Yorkshire & the Humber and the North East are the only regions where schools have collectively reduced how much they spend on energy per pupil, cutting expenditure by 4.4% and 0.9% respectively. Every other region of England increased its average energy expenditure per pupil, with schools in Inner London doing so by as much as 23.5%.
According to The Carbon Trust, energy bills in UK schools amount to £543 million per year, with 50% of a school’s total electricity cost being lighting. If every school in the UK implemented any type of energy efficient technology, over £100 million could be saved each year.
Harvey Sinclair, CEO of eEnergy, eLight’s parent company, said the figures demonstrate an uncomfortable truth for the education sector – namely that most schools are still treading water on the implementation of energy efficient technology. Energy efficiency could make a huge difference to meeting net zero ambitions, but most schools are still lagging behind.
“The solutions exist, but they are not being deployed fast enough," he said. "For example, we’ve made great progress in upgrading schools to energy-efficient LED lighting, but with 80% of schools yet to make the switch, there’s an enormous opportunity to make a collective reduction in carbon footprint and save a lot of money on energy bills. Our model means the entire project is financed, doesn’t require any upfront expenditure, and repayments are more than covered by the energy savings made."
He said while it has worked with over 300 schools, most are still far too slow to commit. "We are urging them to act with greater urgency because climate change won’t wait, and the need for action gets more pressing every year. The education sector has an important part to play in that and pupils around the country expect their schools to do so – there is still a huge job to be done."
North Yorkshire County Council is benefiting from the Public Sector Decarbonisation Scheme, which has so far awarded nearly £1bn for energy efficiency and heat decarbonisation projects around the country, and Craven schools has reportedly made a successful £2m bid (click here).
The Department for Education has issued 13 tips for reducing energy and water use in schools.